US President Donald Trump announced Thursday a one-month pause, until Apr. 2, on the 25% tariffs against Canada on goods covered by the USMCA.

Goods covered by the countries’ USMCA agreement get a reprieve, but levies remain in effect for many goods, including oil.

Canada's initial retaliatory tariffs against the U.S. will remain in place despite President Donald Trump postponing 25% tariffs on many imports from Canada for a month, two senior Canadian government officials said.